$1,100,000 $5,905 est/mo Sourced by Back At You

49863 29 Palms Highway,Morongo Valley, CA 92256

Morongo Valley CA, 92256

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Description

Welcome to an exceptional investment in Morongo Valley, where business meets success! Presenting a strategically located strip center boasting 6000 square feet of commercial space with ample parking, right off the freeway. Currently, the property features a thriving 1800 square feet cookie store, a delicious success story that has become a local favorite. Several units are already leased, generating a steady stream of income. A testament to the property's attractiveness for various businesses.Situated just off the freeway, this location offers unparalleled visibility and accessibility, ensuring a constant flow of potential customers. The owner's son is interested in utilizing 1500 square feet for a new venture. This presents a fantastic opportunity for a collaborative arrangement with the new owner, fostering a mutually beneficial business relationship. Seize this golden opportunity to own a prime piece of commercial real estate! Key Features: Total Space: 6000 sq ft, Owner-Occupied: 1800 sq ft (Cookie Store), Rental Income: Multiple leased units, Parking: Abundant space for customers and tenants, Freeway Proximity: Convenient access for increased foot traffic.Investment Highlights: Diverse income streams, High visibility location, Potential for collaborative business venture, Proximity to major transportation routes For inquiries and to schedule a viewing, please contact me.

Details

MLS#219103986DA
Listing TypeFor Sale
Building NameMorongo Plaza
Sub-TypeResale
StatusActive
Year1949
Days On Site220
Listing Provided ByKeller Williams Realty (760) 969-1000 | Peter Zarenejad
Buying Commision2.000%

Features

Building(s)1
Zoning1OGB82Z9L81U
Acreage1.55

Market Activity 92256

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountySan Bernardino
CityMorongo Valley
Zip Code92256
AreaDC512 - NE Morongo
Listing VS Median (in 92256)
Price:
$1,100,000
low | high
Med:
$350,000
100% of Average
On Site:
220
low | high
Med:
56.000000
100% of Average
Sourced by Back At You
Listing Updated: May 15, 2024 at 3:57:37 PM PDT